BUSINESSCNBC TOP
Odds of a Fed hike this year jump on prediction markets
Prediction market traders now assign a 52% probability to the Federal Reserve raising interest rates this year, following an unexpectedly strong jobs report. The hotter-than-expected employment data has increased expectations of a potential rate hike.
Related Signal
Adjacent reporting
- Fed to hike? When traders see a rate increase coming
- Bond Traders Expecting Fed Hike Look Ahead to Jobs Data Risk
- U.S. job growth blows past forecasts, setting stage for Fed rate hikes
- Bond Trader Bets on Fed Hike Poised for Gut Check From Jobs Data
- Bond Traders Cling to Bets on a Fed Rate Cut This Year After CPI
- Bond Traders Bet Fed Under Warsh Will Hike Rates This Year